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Pakistan, India & China: A tale of triplets

COMMENT: A tale of triplets — by Shahab Usto

Pakistan’s utmost priority should be to follow the Chinese model: shun external engagements and turn inwards to focus only on economic, social and human development. Remember, we have missed the bus twice

Independent Pakistan, India and China were born at almost the same time, inherited the same decrepit state structures, and shared the same trajectory of international wars and civil strife. But they do not share the same present. China is the fastest growing economy. India is catching up fast with it. But Pakistan lags far behind both.

As it is, China (closely followed by India) is all set to dominate the Asia-Pacific region, if not the world. The US-led West is jittery. Stuck in a financial crisis, the West has lost faith in its economic philosophy based on unregulated markets. “The teachers are in trouble,” as one Chinese minister put it, referring to the ideologues of the failing Anglo-Saxon corporate and financial models. …

Read more : Daily Times